taxes Property Tax Assistance

2023 Confidence Interval Detail

Smith County
212-903/Lindale ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 252,580,403 0.9523 265,231,968 51 1,471 0.020772225
A 382,959,714 0.9851 388,752,121 57 1,492 0.008041457
A 578,475,265 0.9886 585,145,929 59 1,740 0.011426127
A 905,568,074 0.9820 922,167,081 58 1,727 0.009556049
E 516,020,591 0.9643 535,124,537 22 2,043 0.021339456
F1 54,898,742 0.7563 72,588,579 10 163 0.043536016
F1 50,617,097 0.9325 54,281,069 9 46 0.030588183
F1 58,229,354 0.8166 71,307,071 7 18 0.148705644
F1 44,657,857 0.7354 60,726,997 3 5 0.038541147
L1 12,453,898 1.0114 12,313,524 10 75 0.002858076
L1 16,141,844 0.9365 17,236,352 7 25 0.004132887
L1 13,705,943 0.9486 14,448,765 2 4 0.000791761
Random Totals: 2,886,308,782 2,999,323,993 295 8,809
CATG D1 EXCEPTION VALUES: 8,840,946 6,695,284
CATG L1 EXCEPTION VALUES: 143,166,548 151,860,272
Total Test Values 3,038,316,276 3,157,879,549

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 157,893,977

Confidence Interval Values(5)

Local Test Value: 3,038,316,276 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 2,999,985,572 (State Test Value minus Margin of Error Percent)
State Upper Limit: 3,315,773,526 (State Test Value plus Margin of Error Percent)

Sources:
(1) See Stratified Category Worksheet Reports PTS236, PTS430
(2) Number of parcels sampled by staff
(3) Total Category Parcels from Stratification Report, Appraisal Roll, or Self-report
(4) Includes any parcels in A, B, C, D2, E, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values